Legal Question in Credit and Debt Law in Alabama
Loan agreement or payment for services rendered?
A fellow paid me $1000 to accompany him on a trip for a week. Now he says the money he paid me was a loan. He is using the check as proof -- he wrote the word ''loan'' on it. (I didn't see the check itself before it was deposited in my account.)
Question: does writing the word ''loan'' on a check make it so?
Asked on 8/13/04, 2:35 pm
1 Answer from Attorneys
Bobby Lott, Jr.
Attorney at Law
Re: Loan agreement or payment for services rendered?
Didn't you have to endorse the check to deposit it?
Answered on 8/13/04, 3:18 pm